E-commerce enablement startup ANS Commerce eyes Rs 500 cr GMV in FY22

ANS Commerce, a full-stack e-commerce enablement startup, is aiming to reach Rs 500 crore gross merchandise value over this financial year.

With the demand for direct to consumer (D2C) brands picking up pace amidst the Coronavirus (Covid-19) pandemic and the subsequent lockdowns, ANS Commerce plans to capitalise on the growth possibilities in the area.

With reports suggesting an 88 per cent increase in consumer demand for D2C brands/products, ANS Commerce plans to leverage this surge in demand to act as a catalyst for its business and revenue growth. Having nearly 30 D2C brands already on board its platform, ANS Commerce plans to onboard over 50 more brands over FY22, targeting approximately 30 per cent of its overall business revenue from the D2C brands.